Inflation Steals Restaurateurs’ Cheer | mint

Earlier, the chain, which has about 185 outlets, used to buy raw materials every two-three weeks; this has changed to three-four months for packaging and non-perishable items. Chaayos has also procured capital expenditure (capex)-heavy items such as store equipment in advance to tackle price escalations, says Saluja. The chain’s costs have risen 10% over the …

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